Car Finance: 4 Tips To Avoid Being Ripped Off.

Car Finance: 4 Tips To Avoid Being Ripped Off.


Car finance can be very expensive if you don’t bother to ask the right questions.
Here are 4 little tips that will save you money when looking for car finance.

1. What is the interest rate?

This is an important factor in car finance. In general, the total amount you will need to repay depends on how high the interest rate is, and how long the repayment term. Car finance interest rates can vary greatly from dealer to dealer. You can expect an interest rate from 9 percent up to 30 percent depending on the age of the car and your credit history. The interest rate can greatly affect the total price of your car loan to compare rates first before deciding on a dealer.

Factors that go into the interest rate formula include your age, your credit history, the age of the car, the make of car, the type of license you have, how long you have been driving for.

2. What are the penalties?

Dealers, like most lending institutions, charge certain penalties when you default on your monthly payment or when you do not stick to the terms of your car loan. You may even be hit with early repayment fees. This is when you pay off your car loan in full before the end of the loan term. Yes, you can be charged a fee for paying back the loan early!

Thorough research into car finance entails … Read More

15 Simple Debt Elimination Steps You Must Start Today!

15 Simple Debt Elimination Steps You Must Start Today!

What Everybody Needs To Know…Learn The Truth About Debt Elimination!
Debt Elimination tips show how Millions of Americans are living on the edge of financial disaster surviving only on the hope of next week’s paycheck. The average American is dying under a load of debt, with little or nothing building in the bank or in investments.
Here`s how we have been taught to charge, charge, charge and promised Easy monthly payments by advertisers who seduce us into debt. So its no accident that the credit, finance and loan companies end up with most of our money, while we end up with all of the bills.
Debt Elimination Tips shows how we’ve been misled!
See for the first time how the entire way our economy works, is designed to make you work yourself to exhaustion–simply to accumulate wealth for the companies you do business with–Not For You.
The most staggering example of this is a home mortgage.
Say you bought a home with a 30-year conventional or adjustable rate mortgage, you will pay for that loan about THREE TIMES. Just multiply out your payment times 360 months and you will see that the total is about 3 times the value of the money you borrowed.
Say you buy a $250,000 home, with a $200,000 mortgage; you will end up paying about $600,000 over 30 years. This means that you will pay nearly $400,000 dollars in interest! Just for the privilege of using … Read More